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Newly Established Art Gallery for Sale in Hilo, USA

Hilo-based abstract art gallery with original painting inventory, tourist location, and steady customer traffic.
This transaction has concluded.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales USD 36 thousand
EBITDA Margin 0 - 10 %
Industries Art Galleries
Locations  Hilo
Local Time 2:55 PM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 255 thousand (Native Currency: USD 255,000)
Reason: Running both a law firm and an art gallery is too difficult for one person. The owner would rather c... View More
Includes physical assets worth USD 255 thousand
Interested to connect with advisors
Business Overview
• Newly established art gallery business primarily showcasing and selling original abstract paintings from a featured artist's collection.
• Gallery serves art collectors, tourists, local visitors, and buyers seeking original contemporary artwork.
• Business currently operates on an appointment-only basis due to limited staffing availability.
• Revenue is generated through direct sales of original paintings and online artwork purchases.
• Gallery receives approximately 10-20 customers per week through tourist traffic, online interest, and appointment-based visits.
• Business benefits from a prime Hilo Bayfront location situated near the local farmers market with strong tourist visibility and walk-in potential.
• Premises include a three-story split-level gallery space with multiple display rooms, a loft area, storage space, gallery lighting, and large storefront windows.
• Business may be acquired with or without the original art inventory, depending on buyer's preference.
• The art inventory is valued at approximately USD 250,000, consisting of more than 400 original paintings.
• Artwork inventory has not undergone professional valuation, and individual paintings are currently priced between approximately USD 100 and USD 2,500, depending on size and style.
• Business also maintains an online sales presence supporting artwork visibility and customer outreach.
• Opportunity suitable for gallery operators, art investors, collectors, or buyers seeking a ready gallery space in a high-visibility tourist location.
• The business operates with a valid business license.
Products & Services Overview
Original abstract paintings sold to art collectors, tourists, local buyers, and online artwork customers.
Assets Overview
Tangible assets:
- Furniture and fixtures worth USD 5,000.
- Original art inventory worth USD 250,000.
Facilities Overview
Current monthly rent for the dedicated gallery premises is approximately USD 1,984, with potential for a long-term lease arrangement.
Capitalization Overview
Business is debt-free and owned by a law firm located on the floor above the gallery, and is willing to relocate if buyer requires additional space for the gallery. It is entirely self-funded by the artist/attorney who owns both the gallery and the law firm.
Recent Activity
  • Earlier than 15 days
    Principal Consultant ( Business Broker), Singapore, Financial Consultant connected with the Business
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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